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Pioneer (Pioneer) Tangible Book per Share : $-0.22 (As of Dec. 2018)


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What is Pioneer Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Pioneer's tangible book value per share for the quarter that ended in Dec. 2018 was $-0.22.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Pioneer Tangible Book per Share Historical Data

The historical data trend for Pioneer's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pioneer Tangible Book per Share Chart

Pioneer Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.36 0.93 0.62 0.15

Pioneer Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.15 -0.08 -0.09 -0.22

Competitive Comparison of Pioneer's Tangible Book per Share

For the Consumer Electronics subindustry, Pioneer's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pioneer's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pioneer's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Pioneer's Price-to-Tangible-Book falls into.



Pioneer Tangible Book per Share Calculation

Pioneer's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(759.287-0-702.492)/378.308
=0.15

Pioneer's Tangible Book Value Per Share for the quarter that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(643.399-0-725.476)/378.308
=-0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Pioneer  (OTCPK:PNCOY) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Pioneer Tangible Book per Share Related Terms

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Pioneer (Pioneer) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Shin-ogura Saiwai-ku, Kawasaki-shi, Kanagawa, JPN, 212-0031
Pioneer is a Japan-based company that is principally engaged in manufacturing car electronics products. The company conducts operating through two segments. The car electronics segment is involved in developing, manufacturing, and selling car electronics products and offering services for cars. This segment contributes the majority of total revenue, with its primary products consisting of car navigation systems, car stereos, car AV systems, and car speakers. The other segment is involved in developing new businesses, such as medical and healthcare-related devices and organic light-emitting diode lighting. The company has a global business presence, with Japan, North America, and Europe jointly accounting for the majority of total revenue.

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